Chennai Based Two Well Established Street Food Outlet For Sale
Email
Phone
Google
LinkedIn
Facebook
Product / Service
Chain of street food.
Clientele type
Daily 1,000+ clients are coming on weekdays and on weekends 2000+ clients are coming.
Premises
We have seven outlets in Chennai and we want to lease out only two:
One outlet is in Ambattur, its per month rent is INR7,00,000. Security deposit is INR70,00,000
Another outlet is Guduvanchery, its per month rent is INR6,00,000. Security deposit is INR60,00,000
Asking Price Includes
Asking is INR2,00,00,000 of one outlet
The asking price includes all the kitchen equipment, a full setup business clients database, and all other assets.
Reason
We are planning to expand business in additional prime locations within city for that we need funds.
Other Details
Till now we have opened 7 outlets in Chennai.
Food Street in Chennai is a drive-in cum drive-thru hub for foodies, with a Speciality of serving up street food recipes from around India, making it the best chain of street food joints in Chennai.
There is a monthly sale of INR20,00,000 from each outlet.
Expenses of each outlet are approximately INR6,00,000
There is the profit margin of 50%
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Contact IBGrid TeamFrequently Asked Questions
How to contact a business owner directly to buy or invest in a business?
Connecting with a business owner directly is simple! Just follow these 3 easy steps: 1. Create your FREE Investor/Buyer profile on IndiaBizForSale 2. Explore the 'Business Opportunities' section to find 10,000+ business opportunities matching your investment preferences. 3. Click on the 'Contact Business' button and connect with business owner directly. Check here to know how it worksNote: Once you create your profile, you will get ONE introduction credit, allowing you to contact any ONE featured business.
How does IndiaBiz verify the business information?
The business opportunity is either posted by the business owner or advisor. After that, our team checks the information for completeness, language, and accuracy. Once the basic checks are met; only then the opportunity is published. We also get users' feedback for the opportunities they contact and based on their feedback, the opportunity maybe put on HOLD till further clarification. Many opportunities are not published when it does not pass through our internal procedure checks. We sincerely request you to carry out complete due diligence before taking the transaction ahead. In addition, the contact details of the business are verified via phone/email.
What to consider before buying or investing in a business?
Below are some of the factors that need to be considered before buying or investing in a business:- Growth prospects of the industry and business
- Sales, profitability, and cash flow of the business should be considered
- Consideration you have to pay; form of consideration (either cash or shares or some combination of both) to be paid?
- Source of financing the purchase
- Amount of additional investment that will be required to grow business
- Does the business have second-line of management?
- Are you going to run the business on day-to-day basis or appoint some professional for the same?
- What decisions are to be taken to improve the profitability of the business?
- Time period of payback or return is envisaged from the business?
- Any long-term strategic benefit or synergy with your existing business?
- Will the clients continue with the business after the acquisition?
